Certificate of Deposit
If you are saving for a specific period of time or for a specific purpose, you may want to consider a Certificate of Deposit.
- Terms from 30 days to 5 years
- Interest is compounded at maturity or at least annually
- Minimum to open is $1,000
- Substantial penalty for early withdrawal
- Competitive Interest Rates
EZ Access CD
Checking account customers of First Alliance Bank are eligible to invest in this flexible term certificate of deposit.
- 1 year term
- Interest is compounded and credited at maturity
- Minimum to open is $5,000
- Additional deposits of $1,000 or more are accepted at any time
- Minimum withdrawals of $1,000 are allowed once per calendar month without penalty.
- Maximum principal balance allowed is $99,999.99.
- Penalty of 90 days interest if the CD closes or the balance drops below $1,000 at any time prior to maturity.
- Available for individuals only.
- Competitive Interest Rates
First Alliance Bank helps you save with different accounts that allow you to choose competitive interest rates for short or long periods of time.